Card & Gift Shop Business for Broker in Suffolk County, New York

Business:Card & Gift Shop Business for Broker
County, State: Suffolk County, New York
Business Type: Card Shop/Stationery Store, Retail, Nutrition & Health Food

Summary Description

Suffolk county Hauppauge vacinity beautiful very upscale profitable 50% off cards and high end collectible gifts. Located in major suffolk county shopping center with unlimited parking. This store has lotto,precious moments, lenox classics, walt disney classics, pooh and friends, cherrished teddies, pretty as a picture, zingle berry, blue mountain cards and to much to list. Seller gets several calls for newspapers, magazines and cigarettes and does not presently carry them by offering these items would greatly increase buyers profits. Price includes approximately $200,000 in inventory and fixtures. Shopping center landlord is one of the best broker ever came accross. Employee of the last 6 years will stay on with the new owner.This store is fairly easy to run and operate..

About the Sale

Asking price: $475,000 (USD)

Financing:$300,000 down and 175,000 @ 7% over 60 months

Total Revenues:$568,000 (USD)

Cash Flow:$187,996 (USD)

Reason Selling:MOVING OUT OF STATE

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.